tax credits
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Colorado partners with tech organization to simplify tax filing process
Colorado is partnering with the tech nonprofit Code For America to make its free tax-filing program for low-income residents more accessible, Gov. Jared Polis announced last week. According to Polis, the partnership will make the SimpleFile tool, which helps taxpayers determine if they’re eligible for any state tax credits, more easily available to Coloradans who…
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Democrats want to decouple Colorado from federal tax breaks
Democratic members of Colorado’s House and Senate on Tuesday announced the introduction of a slew of bills that would reduce corporate tax deductions and sever Colorado’s tax regime from recent federal changes to the tax code. The federal tax changes provide hundreds of millions dollars in tax breaks. Since Colorado conforms to the federal tax…
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Denver council: GOP tax reform would have a ‘devastating impact’ on city
With the most sweeping tax overhaul in decades moving through Congress, Denver City Council authored a letter this week contending the Republican-led tax reform effort would harm the city’s “financial integrity and economic development.” In the letter addressed to Colorado U.S. Sen. Cory Gardner and Michael Bennet, and Rep. Diana DeGette, the 13-member Denver council…